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Exploring for gold and copper in Mongolia

With the support of the country's largest institutional investor, the European Bank for Reconstruction and Development the Company is currently exploring holdings totaling more than 103,341 hectares (255,361 acres). Over the last six years Altan Rio (TSX.v:AMO) has taken a grassroots approach to exploration that has generated highly prospective projects that have potential for large-scale copper and gold discoveries. Our experienced team and major partners are leveraged to achieve our goal of creating wealth through discovery

Mining in MONGOLIA getting back on track

I like how youThe efforts of Robert Friedland and his team have paved the way for other mineral explorers in this under-explored country. It is hoped that new mining regulations and a tax settlement regarding the strategic partnership between the Government of Mongolia, Turquoise Hill Resources and Rio Tinto (Oyu Tolgoi LLC) will bring back foreign investment.

Altan Rio closes Private Placement with European Bank for Reconstruction and Development

Pursuant to the Private Placement, Altan Rio has issued to EBRD 16,666,000 common shares at $0.06 per share, for gross proceeds of $999,960. Following closing of the Private Placement EBRD holds 16,666,000 common shares of the Company, representing approximately 18.7% of the issued and outstanding common shares of the Company.

Altan Rio Announces Equity Facility of up to $10M with the European Bank for Reconstruction and Development.

EBRD is the largest institutional investor in Mongolia. Mongolia became an EBRD country of operations in October 2006 and since the beginning of its operations in Mongolia, the EBRD has committed through debt and equity investments more than US$ 684 million to the Mongolian private sector through 52 projects in sectors ranging from banking to manufacturing and from mining...

Mongolia Map

Chandman-Yol

Chandman-Yol

The Chandman-Yol property area is located in mountainous basin and range country in eastern Khovd Aimag, western Mongolia, about 1,050 km west of the capital Ulaanbaatar. It consists of 9 tenements, all of which are 100% owned by Altan Rio, with the 5 Chandman tenements being subject to a 2.5% NSR.

Khavchuu

Khavchuu

The Khavchuu Project is an early-stage exploration project located 10 km west of Centerra Gold’s Boroo mine and mill complex. The project is located within the same geological terrain and has the same geochemical signature as Boroo (~2 Moz resource base), making it a potential host for Boroo-style gold deposits.

Why Mongolia?

Mongolia, the most sparsely populated country in the world, has long depended on mining as a key element of its economy. However, the country remains vastly under-explored, particularly by modern methods, and it presents an outstanding opportunity for large-scale mineral discoveries. It is estimated that Mongolia holds more than US$1,000 billion in probable minerals deposits of coal, copper, gold and uranium.

With its massive mineral endowment, stable system of government and close proximity to China, Mongolia is a leading frontier for exploration and mining.

A TEAM OF PROVEN EXPLORERS AND DEVELOPERS

Evan Jones

President & CEO

Experience

Qualifications

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Mr. E. Jones serves as the Chief Executive Officer, President and Director of Altan Nevada Minerals Limited and Altan Rio Minerals Limited. Prior to that, he was the Commercial Manager of Troy Resources Brasil Participacoes Ltd., a subsidiary of Troy Resources NL, a mining company listed in Canada and Australia. He also worked as an Executive Advisor with Westchester Corporate Finance in Australia. Mr E. Jones’ twelve years of experience in corporate advisory and commercial management in the mining industry, including six years based in developing countries has a enabled him to build business networks and negotiate opportunities. He holds a Bachelor of Information Technology (Information Systems) and a Bachelor of Commerce (Finance & Management) from Bond University in Australia.

John L.C. Jones

Chairman

Experience

Qualifications

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Mr. J. Jones serves as a Chairman and Director of Altan Nevada Minerals Limited and Altan Rio Minerals Limited. He has been a Director of Troy Resources NL since 1988 and was Chairman from late 1988 until October 2008. Since 1990, he has been Chairman of Anglo Australian Resources NL. He was formerly Chairman and Director of North Kalgurli Mines Limited and was a founding director of Jones Mining NL. Mr. J. Jones has been a member of the Australasian Institute of Mining and Metallurgy since 1977. He is a prominent player in the international mining sector for over thirty years with a long list of successes. His guiding involvement in four companies led to the discovery of four deposits and the development of eight mines.

Kerry Griffin

Technical Director

Experience

Qualifications

Mr. Griffin has 18 years professional experience in mining geology, resource development and exploration in Australia, Southern Africa, South America and Mongolia including senior roles with Newcrest Mining, Consolidated Minerals, Aspire, Haranga and Ivanhoe Mines Mongolia. Kerry began his career as a mine geologist at Telfer Gold Mine and has since had extensive hands on experience in mine development and management, designing and managing exploration and resource drilling programs, resource modelling and estimation and the management. Notably, at Ivanhoe Mines he managed major diamond drilling programs, geological interpretation, 3D modelling and resource estimation, and the training of the incoming national geologists as Senior Development Geologist for the world class Oyu Tolgoi Project.

Anthony Jackson

CFO

Experience

Qualifications

Anthony Jackson, CFO – Mr. Jackson serves as Chief Financial Officer for Altan Rio Minerals Limited and Altan Nevada Minerals Limited. He is a Principal of BridgeMark Financial Corp. and a founder of Jackson & Company Chartered Accountants, a company that assists private and public companies with their accounting and tax requirements. Mr. Jackson spent a number of years at Ernst & Young LLP before working as a senior analyst at a boutique investment banking firm. Mr. Jackson earned a Bachelor of Business Administration degree from Simon Fraser University, and holds the professional designation of Chartered Accountant (CA), where he is a member of the BC and Canadian Institute of Chartered Accountants. Mr. Jackson has had extensive experience as a Director and CFO of numerous publicly traded corporations in the metals and mining industry.

Murray Seitz

Director

Experience

Qualifications

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Murray Seitz, Director – Mr. Seitz serves as Director for Altan Nevada Minerals Limited and Altan Rio Minerals Limited. He is also President of Corex Management Inc., a private company that provides administration services to public and private companies. Mr. Seitz has ten years of experience in mineral exploration, including corporate compliance, management and business development services. Specializing in capital raising and corporate communications, his extensive network provides substantial equity capital for his client companies. Mr. Seitz holds a Bachelor of Business Administration with a concentration in finance.

PARTNERED WITH INDUSTRY LEADERS

The European Bank for Reconstruction and Development fosters transition to market economies in countries from central and eastern Europe to central Asia and the southern and eastern Mediterranean.

Mongolia International Capital Corporation (MICC) is a full-service investment bank that provides investment banking, sales and trading, and research services. Since its establishment in 2005, MICC has completed over thirty transactions worth over one billion dollars.

The Mongolian Investment Banking Group LLC (MIBG) is a financial boutique, providing a select range of financial services and products designed specifically to generate value within the mining and resources sector of Mongolia. MIBG initiated coverage of Altan Rio in Sept 2012.